BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA


Bitcoin (Bitcoin) And ether (Ethereum) Rose to a record high again on November 10th, indicating that the trend is still firmly in favor of the bulls.

In a recent report on the Kraken Exchange, analysts stated that the correlation coefficient between the current quarter’s price trend and the fourth quarter of 2017 is 0.88.

Bitcoin rose 220% in the fourth quarter of 2017. If history repeats itself, Bitcoin may reach $96,355, This may be the top of this cycle.

Daily cryptocurrency market performance. source: Coin 360

According to Glassnode’s “The Week On-Chain” report, long-term holders of Bitcoin who have held Bitcoin for more than 12 months are unwilling to spend their Bitcoin.Another positive factor is that investors continue to Withdraw coins from centralized exchanges Its supply share has dropped to a record low of 12.9%.

Can Bitcoin and altcoins maintain their bullish momentum, or will profit bookings drag prices down? Let’s study the charts of the top 10 cryptocurrencies to find out.